rp-11-32.pdf

Preserve advance releases and the authoritative Internal Revenue Bulletin rendition; directory timestamps are file-publication metadata, not legal effective dates. HTML bulletins begin June 2003; earlier available issues require full PDF parsing.

This collection currently includes the publisher’s available advance-release directory. Historical bulletin renditions are discovered separately; an advance-release record alone does not certify the collection archive complete.

# Part III

Administrative, Procedural, and Miscellaneous

26 CFR 601.602: Tax forms and instructions.
(Also: Part 1, §§ 1, 223.)

Rev. Proc. 2011-32

## SECTION 1. PURPOSE

### This revenue procedure provides the 2012 inflation adjusted amounts for Health Savings Accounts (HSAs) as determined under § 223 of the Internal Revenue Code. SECTION 2. 2012 INFLATION ADJUSTED ITEMS

Annual contribution limitation. For calendar year 2012, the annual limitation on
deductions under § 223(b)(2)(A) for an individual with self-only coverage under a high
deductible health plan is $3,100. For calendar year 2012, the annual limitation on
deductions under § 223(b)(2)(B) for an individual with family coverage under a high
deductible health plan is $6,250.

High deductible health plan. For calendar year 2012, a "high deductible health
plan" is defined under § 223(c)(2)(A) as a health plan with an annual deductible that is

<!-- PageBreak -->

not less than $1,200 (no change from calendar year 2011) for self-only coverage or
$2,400 (no change from calendar year 2011) for family coverage, and the annual out-of-
pocket expenses (deductibles, co-payments, and other amounts, but not premiums) do
not exceed $6,050 for self-only coverage or $12,100 for family coverage.

## SECTION 3. EFFECTIVE DATE

This revenue procedure is effective for calendar year 2012.

## SECTION 4. DRAFTING INFORMATION

The principal author of this revenue procedure is Bill Ruane of the Office of
Associate Chief Counsel (Income Tax & Accounting). For further information regarding
§ 223 and HSAs, contact Leslie Paul at (202) 622-6080 (not a toll free call). For further
information regarding the calculation of the inflation adjustments in this revenue
procedure, contact Mr. Ruane at (202) 622-4920 (not a toll free call).